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Chesapeake Gold (CVE:CKG) Stock Price Passes Below 50 Day Moving Average - What's Next?

Chesapeake Gold logo with Basic Materials background
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Chesapeake Gold Corp. (CVE:CKG - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.18 and traded as low as C$1.16. Chesapeake Gold shares last traded at C$1.25, with a volume of 26,290 shares traded.

Chesapeake Gold Price Performance

The company has a fifty day moving average of C$1.19 and a two-hundred day moving average of C$1.38. The stock has a market capitalization of C$79.32 million, a P/E ratio of -17.25 and a beta of 0.94.

Chesapeake Gold Company Profile

(Get Free Report)

Chesapeake Gold Corp., a mineral exploration and evaluation company, focuses on acquisition, evaluation, and development of precious metal deposits in North and Central America. The company primarily explores for gold and silver deposits. Its flagship project is the Metates project that includes 14 mining concessions covering an area of 14,727 hectares located in Durango State, Mexico.

Further Reading

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